12/26/2024 07:55:21 am
12/26/2024 07:55:21 am
Benjie Batanes | Oct 31, 2015 07:27 AM EDT
Chinese billionaire Wang Jianlin has clarified allegations that some relatives of President Xi Jinping hold significant shares in his company. On Thursday, Wang said that Xi's relatives had sold all of their shares before his company made its initial public offering (IPO) in 2014, missing the chance to make a tremendous profit. read more
Charissa Echavez | Oct 30, 2015 10:43 AM EDT
Despite previous disputes about censorship, technology giant Google is trying to get back in business with China after the reorganization of Google parent Alphabet. read more
Charissa Echavez | Oct 30, 2015 08:40 AM EDT
Businesses engaged in baby products saw a surge in their stocks following the announcement that China was scrapping its one-child policy. read more
Benjie Batanes | Oct 29, 2015 01:51 PM EDT
Pharmaceutical companies Pfizer and Allergan have started initial negotiations for a possible merger in which the former will be the surviving company. The proposed deal was uncovered this week by the media. read more
Benjie Batanes | Oct 28, 2015 06:50 AM EDT
Apple's Chief Executive Officer Tim Cook believes that China can still provide opportunities for growth despite the recent economic slowdown in the country. He made this statement on Wednesday after news surfaced that his company beat expectations of analysts both on sales and income for the third quarter. read more
Desiree Sison | Oct 28, 2015 05:00 AM EDT
The U.S. Department of Transportation has issued a ban on all e-cigarettes and similar electronic smoking devices in the checked baggage of airline passengers and crew members. read more
Charissa Echavez | Oct 27, 2015 08:42 AM EDT
With the goal of producing real-time news especially on weather and traffic, Russia-based Internet search engine Yandex on Monday announced its plans to launch an empirical "newswire of the future." read more
Kwao Peppeh | Oct 26, 2015 05:55 AM EDT
China could be the newest member of the London-based European Bank for Reconstruction and Development (EBRD), according to a report by the Financial Times. read more
Charissa Echavez | Oct 24, 2015 07:58 AM EDT
California-based automaker Tesla Motors Inc. is in the process of fulfiling the requirements imposed by the Chinese government in order to open a car manufacturing hub in the country. read more
Charissa Echavez | Oct 20, 2015 12:56 PM EDT
British Prime Minister David Cameron has designated Chinese billionaire Jack Ma to be one of his business consultants. This announcement was made before the start of President Xi Jinping's four-day state visit to Britain and the country is seeking to closer ties with the People's Republic. read more
Kwao Peppeh | Oct 19, 2015 07:05 AM EDT
China's economy increased by 6.9 percent in the third quarter of this year compared to the same period in 2014, the National Bureau of Statistics revealed on Monday. While the economy slightly outperformed the predictions of analysts, it is the first time that China's quarterly growth rate has been below seven percent in more than five years. read more
Charissa Echavez | Oct 16, 2015 08:20 AM EDT
Despite the slow economy the country is experiencing this year, China is rocking the money world as it surpassed the United States from having the longest list of billionaires; this is according to a ranking released by The Hurun Research Institute last Thursday, Oct. 15. read more
Benjie Batanes | Oct 15, 2015 07:53 AM EDT
An investor protection firm owned by the Chinese government have announced that a survey conducted in September indicates that investors are once again upbeat about China's stock market. But some foreign financial market observers are not that confident. read more
Kwao Peppeh | Oct 12, 2015 06:50 AM EDT
China Securities Regulatory Commission (CSRC) has tried several shareholders for illegally selling their stocks in the height of the market slowdown in the past few months. read more
Benjie Batanes | Oct 12, 2015 07:36 AM EDT
A stock analyst based in Bangkok predicted over the weekend that Chinese stocks will experience a rally in the last quarter of 2015 in which the Shanghai Index may reach over 4,000 but can drop by as much as half by early next year. read more
Due to the coronavirus, people around the world have canceled their travel plans. Governments and health officials have warned the public to avoid boarding cruise ships and long flights. read more
